Cloudbet Rewards 100 BTC via Its 2014 World Cup Bracket Challenge

The latest World Cup promotion of Bitcoin sports betting site and casino Cloudbet has finally gone live, enabling participants to begin their quest for the massive pot.

Announced in the last week of May and dubbed as the 2014 World Cup Bracket Challenge, Cloudbet’s own giveaway for the international football event is set to reward a whopping 100 BTC to the bettor who fulfills the promotional mechanics.

According to the rules, participants must correctly predict the winner and runner up of each group, as well as the winner of every knock-out round game up to the winning country in the finals in order to get their hands on the prize money.

With a total of eight groups, each with four teams, Bitcoin sports betting participants eager to win the challenge should successfully name the winning countries for each stage of the tournament. Based on the set rules, however, one wrong prediction instantly eliminates the chances of the players to win the bitcoins.

Cloudbet’s newest challenge is open to all Bitcoin sports bettors worldwide and does not require any fee to join. Non-members, however, should register for an account with the Bitcoin gambling site first in order to take part in the promotion.

This World Cup promotion will run until 12 noon GMT on June 12, so bettors have a few more days to carefully select the teams that are likely to win in each round. Players should take note, though, that only the first 5,000 entries to be received will qualify for the promotion, and that only one entry per person, IP address, and household is allowed.

Besides its Bracket Challenge, Cloudbet has also added a range of props bets, which include wagering on total tournament goals, top finisher by continent, bottom finisher by group, kit manufacturer of tournament winner, and a whole lot more.